Hawaii HB1209 regulates legal fees for condominium associations, ensuring they are paid from association funds and limiting collection fees.

Hawaii HB1209 amends the law to ensure that legal fees for condominium associations are paid from association funds or reserves, not from unit owners. The bill mandates that fees for collection of delinquent common expense assessments be limited to 25% of the original debt amount. It also requires attorneys to communicate only with the board and to provide detailed billing statements. The bill aims to prevent inequitable fee payments and ensure that excessive fees do not negatively impact unit owners.

Hawaii HB1209 regulates legal fees for condominium associations, ensuring they are paid from association funds and limiting collection fees.

Hawaii HB1209 amends the law to ensure that legal fees for condominium associations are paid from association funds or reserves, not from unit owners. The bill mandates that fees for collection of delinquent common expense assessments be limited to 25% of the original debt amount. It also requires attorneys to communicate only with the board and to provide detailed billing statements. The bill aims to prevent inequitable fee payments and ensure that excessive fees do not negatively impact unit owners.